857 short after bearish hammer
Opened below bearish hammer.
Filled next day, strong bullish hammer closed below 10MA, but slightly above both 100 and 200MA.
Risky trade in a hindsight we'll see how market decides soon.
Filled next day, strong bullish hammer closed below 10MA, but slightly above both 100 and 200MA.
Risky trade in a hindsight we'll see how market decides soon.
Trade active
Gaped below take profit. Moved stop to bottleneck of double bottom.Should be gap and go, so moved take profit 33% to long term support, 33% to weekly moving average 200 and the rest on support of the monthly downtrend.
Trade closed: target reached
Got stopped out in the middle of the gap
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.